Build me a trading recipe that: monitors BTC dominance dropping below 52%, then automatically scouts the top 3 gaining altcoins on that signal, and alerts me with entry/exit points. How would you set this up in FereAI?
Published 3/23/2026, 7:54:16 AM
I have successfully set up your trading recipe in FereAI.
Here is the data-grounded breakdown of your new automation and how it operates:
### 1. The Trading Recipe Setup * **Trigger Condition:** The system will check if Bitcoin (BTC) dominance drops below the critical **52%** threshold. * **Action Execution:** If the condition is met, the agent will automatically scan the market for the **top 3 gaining altcoins** at that exact moment. * **Alert Output:** You will receive a generated alert containing the identified altcoins along with suggested **entry and exit points** based on their real-time technical structure.
### 2. Schedule Configuration Details * **Schedule ID:** `3f042eb6-e72b-4938-8bdb-15ccbaedab90` * **Frequency:** Hourly (`0 * * * *`) * **Timezone:** UTC * **Next Execution:** 2026-03-23 at 08:00 UTC * **Action Query Injected:** *"Check if BTC dominance is below 52%. If it is, identify the top 3 gaining altcoins in the market right now and generate an alert with suggested entry and exit points for each."*
### 3. Why This Strategy Works (Market Context) * **The 52% Threshold:** Historically, when BTC dominance breaks below major support levels (like 52%), it signals a rotation of capital from Bitcoin into the broader altcoin market, often triggering an "Altseason." * **Momentum Scouting:** By targeting the top 3 gainers exactly when dominance drops, the recipe captures the assets with the highest relative strength and institutional inflows during the rotation. * **Risk Management:** The automated entry/exit points ensure you have a predefined trading plan rather than buying blindly into momentum spikes.
**Status:** Your automation is now **ACTIVE** and will run indefinitely every hour until you decide to cancel or modify it using the provided Schedule ID.